Home Fashion Real Estate FL Ugo Colombo completes Vita at Grove Isle condo project after years of legal fights
Real Estate FL

Ugo Colombo completes Vita at Grove Isle condo project after years of legal fights

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Ugo Colombo’s firm brought Vita at Grove Isle to life, despite a decade of nearby property owners raising hell over the seven-story ultra-luxury condo building in Miami’s Biscayne Bay. CMC Group delivered the 65-unit project recently with 85 percent of units presold, according to a news release. Ten units are left for sale, ranging from $6.5 million to a penthouse asking $22 million.  Cervera Real Estate is leading sales and marketing of the project.  A CMC affiliate secured $239 million in financing from Bank OZK two years ago. The completion is a clincher in a 10-year legal battle that’s still […]

This article originally appeared on The Real Deal. Click here to read the full story.

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